How to Use Economic and Financial Forecasts Effectively

Forecasting is an increasingly important tool in guiding corporate strategy, influencing production, inventory, purchasing, accounting, marketing, finance and acquisitions decisions. As a critical part of making informed business decisions, you need to know what constitutes a well-developed forecast and how to make effective use of it. During this OnDemand Webinar you will learn about various forecasting methods and their pros and cons. Focusing on the application and practical use of such techniques, rather than theoretical aspects, we will examine the characteristics of a sound company forecasting process and how to deliver credible results to senior management and investors. You will also learn about the role of forecasts in litigation. For example, a damages expert may rely on sales and revenue forecasts to estimate financial performance "but-for" the conduct challenged in litigation, or a particular forecast may be at the center of the litigation, such as a missed earnings forecast in a securities fraud case or financial forecasts in a valuation dispute.